Economy Archives - The Greater Fool

A brief and blunt discussion about ‘economic competence’ before the general election

Posted on 26 May 201720 June 2017 by Paul Smyth

Politics and Insights The question asked shouldn’t ever have been how will Labour fund their costed manifesto. We have permitted this expedient Conservative diversion for long enough. The real question that matters is this: where is the public’s money that citizens, their parents and grandparents have paid into the Treasury all these years? Why is there nothing to show for it for the past seven years? Why are increasing numbers of citizens of every age…

Time To Sack This One Trick Pony Chancellor With A One Track Mind

Posted on 23 February 201320 June 2017 by Paul Smyth

Well the inevitable happened finally. Yesterday Moody’s downgraded Britain’s Triple AAA credit rating. In 2010 Chancellor George Osborne made it the measure with which him and his Prime Minister should be judged. They embarked on an ideological crusade of cuts as they imposed the most draconian austerity measures in modern times. They insisted that this would balance the budget within four years and bring prosperity back to Britain. George became the darling of an international…